A total of 4,245 apartments worth $376 million were sold in Tbilisi in September, according to updated residential real estate data from Colliers Georgia. Transaction volumes increased by 6.4% year-on-year, while the market value rose by 24.1%.
Transactions in new developments increased by 9.8% compared with September 2025, with sales rising 6.3% in the primary market and 14.6% in the secondary market. Meanwhile, transactions in older developments declined by 4.7%.
Georgian citizens accounted for most transactions in both new and old developments. The share of foreign buyers edged up year-on-year to 12%, Colliers Georgia said.
Prices also increased across the capital. In new developments, average weighted selling prices rose by 9.9% in the suburbs, 15% in the wider central area and 12.3% in the city center. Across Tbilisi, prices increased by 11.9% in the primary market and 10% in the secondary market.
For older apartments, average weighted selling prices rose by 16.8% in the city center, 17.3% in the wider central area and 10.9% in the suburbs. Overall, prices in older developments increased by 14% year-on-year.
